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Treasurer's Report

Submitted by Marlene Porter, Midwest Chapter Treasurer
Mulford Health Science Library, University of Toledo Health Science Campus, Toledo, OH

As of April 30, 2009, the financial statement shows a beginning balance of $35,345.57 and an ending balance of $57,092.53, for a net increase of $21,846.96. This is due to expenses ($31,232.88) for the 2008 Annual Conference.

It was necessary for the treasury to transfer $5,000 out of the money market fund into the checking account to cover regular chapter expenses until the 2008 Annual Conference submitted a check of $18,915.19 to cover expenses. The $5,000 was transferred back into the money market fund upon receipt of the 2008 Annual Conference check. Some of the net increase is also due to incoming checks from vendors for the 2009 Annual Conference; those funds total $6,416.98.

The 2009 Midwest Chapter budget was approved at the Spring 2009 Board meeting held March 27, 2009. Some of the highlights include:


  • Hiring a student worker to organize the chapter archives ($1,980)

  • Printing a credentialing display ($300)

  • Utilizing Acteva for membership payments ($1,000)

  • Purchasing a chapter table skirt/runner for displays ($500)

  • Additional postage for shipping the chapter display to states ($200)

  • Increasing the conference grant to the 2010 Annual Conference ($5,000)

  • Subscribing to PBWiki Professional for the chapter's policy and procedure manual ($400)

  • Subscribing to videoconference software ($500)

Updated files for the 2009 budget and financial statement will be placed on the Midwest Chapter Treasurer page soon.

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This page contains a single entry from the blog posted on May 4, 2009 10:51 AM.

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